0 Spruce Avenue, Moreno Valley, CA 92555

$4,999,500
List Price
$4,999,500
Status
PENDING
MLS#
IG22015539
Lot Size
300,564
Acres
6.9
Lot Location
Rectangular Lot
Days on Market
150
Property Type
Land

Property Description

Great Opportunity for Investors to Develop nearly 7 acres for a state-of-the art Project with Prime 60 Freeway Visibility totaling up to 145,964 Cars Per Day according to MPSI County Estimation. Property is currently zoned Highway Office Commercial (H-OC). The Highway Office/Commercial district is a regional gateway between Moreno Beech Dr and the recently approved WORLD LOGISTICS CENTER - the Largest industrial Logistics Business Park in California history (40.6 million SF). Some Allowed Uses in H-OC include: Professional Office Building, Equipment Sales/Repair, Convenience Stores, Hospital/Medical Facility, RV Sales, Truck Sales/Repair, Retail, and more. See permitted uses table in Supplements. With a steadily growing population of over 215k current residents, an annual growth rate of 3.9%, and 2.4 Million people within 20 mile radius, Moreno Valley is becoming one of the fastest growing cities in all of California. More industries and jobs expected as with many Brand New Developments happening within close proximity.

Additional Information

View
Hills, Mountain(s), Neighborhood
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert Mendez from Listing Office: Realty Masters & Associates

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.